CON29 Mark Edwards Jamie Winch The Proposal To develop and implement a prototype solution allowing customers and other stakeholders to access CON29 data held by selected Local Authorities, and other relevant organisations, in the most efficient and cost effective manner whilst conforming to common standards. Land Registry are seeking to take over the provision of maintaining a Local Land Charges register and the enquiries of a Local Authority (CON29) forms part of the service. Land Registry Business Strategy 2 The Proposal (Cont’d) Land Registry Business Strategy 3 Drivers –Digital by Default –World Bank Report –Improve the conveyancing process –Encourage and support Local Authority digitisation –Release Open Data Land Registry Business Strategy 4 World Bank Report Economy Singapore Hong Kong NZ USA Denmark Malaysia Korea Georgia Norway Overall Rank Starting a Construction Getting Registering Getting Business Electricity Property Credit Permits 1 3 3 6 28 3 2 5 1 5 89 3 3 1 12 45 2 3 4 20 34 13 25 3 5 40 8 18 7 28 6 16 43 21 35 1 7 34 18 2 75 13 8 8 2 54 1 3 9 53 28 17 10 73 UK 10 28 27 74 68 1 Australia Finland Iceland Sweden Ireland 11 12 13 14 15 4 55 52 61 12 10 36 41 24 115 34 22 1 9 100 40 26 12 38 57 3 42 42 42 13 Land Registry Business Strategy 5 Registering a Property - indicators Step 1 Description Standard enquiries (Sellers pack) Seller's to buyer's Solicitor Time Cost 1-4 weeks £3,500 - £10,000 2 Conduct Conveyancing searches 1-3 weeks £300 - £1,000 3 Draft & exchange of contracts 1 day Included in step 1 4 Pre-completion LR search 1 day 5 SDLT submission 1 day £4 % of the value of property 6 Registration of transfer & charge at LR 7 days £40 - £920 Year Enhancements to Registering a Property indicator 2010 No reform as measured by Doing Business 2011 The lodging of a SDLT processed automatically and electronically by the HMRC 2012 No reform as measured by Doing Business 2013 Electronic lodgment (e-DRS) for property transfer applications at LR. Land Registry Business Strategy 6 Research –Market Warming Day – 20th June 2013 –Local Authority Engagement –Focus Groups • Customers • Local Authorities • Personal Search Companies • Local Government –Independent Market Research –Infoland (Norwegian Searches) Land Registry Business Strategy 7 Hybrid Solution Land Registry Business Strategy 8 Benefits Area Customer (includes; licensed conveyancers, solicitors, lenders & private individuals) Local Authorities Central government Land Registry Business Strategy Benefit o Clarity and ease of contact o Closer understanding / relationship o Greater range of products / services to meet needs o Standardized cost/format o Standardized processing times o Enhanced “e” product set o Increased use of “e” services o State guarantee o Enhanced customer experience o Faster and earlier decision making o Revenue share Funding model for digitisation o Reduced operating costs o Reduced EIR requests o Improved service o Improve World Bank Report rating o Digital by default agenda o Public/Private sector working o Access to data 9 Any Questions? Land Registry Business Strategy 10